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@ICIJorg

5 Oct

We’ve shared what the #PandoraPapers reveal about world leaders and the elite western institutions that benefit from and fuel the offshore economy.

But how does this system affect everyone else?🧵
(Spoiler: It’s not just tax revenue we’re missing out on.)
bit.ly/3DhIsGP

The #PandoraPapers leads we investigated uncover the societal costs of letting the rich and powerful shield their wealth from view — and how the rule of law has been bent and broken around the world by a system of financial secrecy enabled by the U.S. and other wealthy nations.

The ICIJ team spent months reporting all over the world to understand how the offshore financial maneuvers we were seeing in the #PandoraPapers impact everyday people and communities. Here are some of those stories...

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ICIJ

@ICIJorg

4 Oct

It’s been just one day of #PandoraPapers revelations and we've seen swift reactions to our findings, especially with world leaders from the Czech Republic, Pakistan, Russia, Jordan and Kenya. bit.ly/3owbPkz

But many have been asking: Where's the U.S. in all this? 🇺🇸 🤔

NEW: #PandoraPapers say more about financial secrecy in the U.S. than any offshore leak has before — by exposing its role as a destination for international elites to stash their wealth with a level of protection beyond what's offered by other tax havens. bit.ly/2YsHW9X

@washingtonpost

In #PandoraPapers, ICIJ and the @washingtonpost together examined the most significant set of records ever made public from inside America’s growing trust industry, where different states compete to lure wealth by offering secrecy. bit.ly/3owbPk

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ICIJ

@ICIJorg

3 Oct

NEW: #PandoraPapers reveals the inner workings of a shadow economy that benefits the wealthy and well-connected at the expense of everyone else.

Brought to you by ICIJ and 600+ journalists, the largest collaboration in journalism history. 🧵 bit.ly/3uD1T9R

The #PandoraPapers contain 12M documents from 14 service providers.

Our investigation uncovers the financial secrets of 35 current and former world leaders, 330+ politicians and public officials, and a global list of fugitives, con artists and murderers. bit.ly/3a2KPk0

The #PandoraPapers unmask the covert owners of offshore companies, incognito bank accounts, private jets, yachts, mansions and famous artwork — providing more information than what’s usually available to law enforcement and cash-strapped governments. bit.ly/3a2KPk0

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ICIJ

@ICIJorg

4 May

@guardian

Amazon’s latest corporate filings in Luxembourg revealed that the company collected record sales income of €44bn (£38bn) in Europe last year, but did not have to pay any corporation tax to the U.K., @guardian reports. theguardian.com/technology/202…

This year, countries are expected to negotiate a global minimum corporate tax scheme and digital tax reform at the OECD in order to get big tech companies and multinationals to “pay their fair share and do so in the right place.” icij.org/inside-icij/20…

ICIJ's #LuxLeaks investigation brought attention to Luxembourg's role as a corporate tax haven for multinational companies that cut deals around complex financial structures designed to create drastic tax reductions. icij.org/investigations…

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ICIJ

@ICIJorg

9 Apr

ICIJ is deeply concerned by reports from Moscow that investigative reporter Roman Anin has been taken in for questioning following a raid on his apartment by Russia's Federal Security Service (FSB).

@istories_media

Roman Anin, the editor in chief of @istories_media, has worked with ICIJ on several major investigations that have exposed global crime and corruption, including #PanamaPapers and #FinCENFiles.

@RyleGerard

ICIJ Director @RyleGerard says, “We are closely monitoring the arrest and treatment of our cherished member, and partner in investigative reporting, Roman Anin."

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ICIJ

@ICIJorg

3 Apr

Five years ago today, ICIJ and more than 100 media partners around the globe published the #PanamaPapers — a massive investigation on the rogue offshore finance industry that continues to change the world. bit.ly/3sRmi9p

Hundreds of tax probes and investigations were launched.

"I started working on the case basically from the minute you all broke the story," a former U.S. prosecutor who was part of the team that led America's legal response to the #PanamaPapers says. bit.ly/3fEaWSA

But after governments fell, new laws were written, criminals were prosecuted, and more than $1.36 billion in unpaid taxes, fines and penalties were recouped, the fight against offshore financial secrecy and chicanery emboldened by #PanamaPapers goes on. bit.ly/3dwcmf5

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